BAKU, Azerbaijan, Feb. 12
By Klavdiya Romakayeva - Trend:
Uzbekistan has begun introduction of modern methods of privatization of state assets with the involvement of international consulting, audit and investment consultants, investment banks and other specialized companies to accelerate the attraction of private investment in the economy, Trend reports citing Norma information and legal portal.
According to the information, state assets that are put up for public auction and sold with the involvement of the State Assets Management Agency or UzAssets investment company of international organizations on the basis of selecting the best proposals without conducting an examination of contracts concluded with them have been defined.
Thus, it is allowed taking as a reference the value or the range of values determined by international organizations during the trading process.
Also, the requirement for the mandatory establishment of the starting price of state assets of their value, recommended in the appraisal report of the appraisal organization and determined in its expert opinion, is not applied.
In addition, the State Commission for Tendering in the Sale of State Property was empowered to make decisions on the publication of announcements on the sale of state assets without announcing the starting price, as well as the sale of state assets based on the best of at least two proposals regardless of the price recommended in the appraisal report and determined in the expert opinion.
Moreover, the agency, together with the interested ministries and departments, was instructed to introduce the procedure for selecting appraisal organizations, determining the cost and payment of their services during the privatization of state property, based on the selection of the best commercial proposals, by August 1, 2021.
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